re: Why does most people on this board hate on Nintendo?

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You should probably look up GPGPU.

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I know what a GPGPU is. That doesn't change the reality of the situation. The GPU is at best slightly better than the 360's and better than the PS3's. The processor is at best as good as the 360's and worse than the PS3's. Regardless of whether the GPU can take on CPU functions the hardware is not remotely next gen.
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but it's safe to say that more and more evidence is placing Wii U alongside Xbox 360 and PS3 versus a drastic leap over the current generation. Developers are definitely coming to terms with what Nintendo's new system will be capable of, but it's also clear that Nintendo's divergent approach has once again focused on finding innovation in control and software versus attempting to compete in terms of raw power. As Marcan concluded, "...don't compare [Wii U] clock per clock with a 360 and claim it's much worse. It isn't."

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It is squarely last gen tech.